Madison Technologies MDEX
OTC MDEX
$0.00 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Madison Technologies Inc. (MDEX) Gross Profit (2016 - 2023)

Madison Technologies' (MDEX) quarterly Gross Profit came in at $6.7 million in Q1 2023, up 12811.86% year-over-year from N/an in Q1 2022, and up 12811.86% quarter-over-quarter from -$52668.0 in Q1 2022.

Analysis

Madison Technologies Inc. (MDEX) Gross Profit (2016 - 2023) Analysis & Trends

Madison Technologies has disclosed Gross Profit across 8 years of filings, most recently posting $6.7 million for Q1 2023.

  • In Q1 2023, Gross Profit rose 12811.86% year-over-year to $6.7 million; the TTM figure through Sep 2023 stood at $6.7 million (changed N/A YoY), while the FY2020 annual figure was $578.0, down 69.61% from the prior year.
  • Gross Profit came in at $6.7 million for Q1 2023 at Madison Technologies, up from -$52668.0 in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $6.7 million in Q1 2023 to a low of -$52668.0 in Q1 2022.
  • Average Gross Profit over 5 years is $813162.5, with a median of $378.0 recorded in 2019.
  • Year-over-year, Gross Profit soared 2345207.41% in 2021 and slumped 101.66% in 2022.
  • Over 5 years, Gross Profit stood at $431.0 in 2019, then tumbled by 58.93% to $177.0 in 2020, then soared by 262062.71% to $464028.0 in 2021, then plunged by 111.35% to -$52668.0 in 2022, then jumped by 12811.86% to $6.7 million in 2023.
  • Per Business Quant data, the three most recent Gross Profit figures were $6.7 million in Q1 2023, -$52668.0 in Q1 2022, and $464028.0 in Q3 2021.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 6.70 Mn
Mar 31, 2022 -52,668.00
Sep 30, 2021 464,028.00
Jun 30, 2021 296,025.00
Mar 31, 2021 3.17 Mn
Dec 31, 2020 177.00
Sep 30, 2020 179.00
Jun 30, 2020 86.00
Mar 31, 2020 135.00
Dec 31, 2019 431.00
Sep 30, 2019 900.00
Jun 30, 2019 378.00
Mar 31, 2019 193.00
Dec 31, 2018 -127.00
Sep 30, 2018 590.00
Jun 30, 2018 589.00
Mar 31, 2018 847.00
Dec 31, 2017 268.00
Sep 30, 2017 658.00
Jun 30, 2017 374.00